BEVCOMMUNITY

Connect with the local beverage industry. Trade news, trends and insights.

Global Beer Market Expects Continued Growth in Value by 2025

By April 29, 2018Top News

According to a new report published by Allied Market Research, the global beer market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a compound annual growth rate (CAGR) of 1.8% from 2019 to 2025. Based on type, the malt segment is expected to grow at the highest CAGR from 2019 to 2025, in terms of both value and volume. In 2017, North America covered nearly a one-fifth share by revenue of the global beer industry, and the market is growing at a CAGR of 1.7%. In terms of volume, the premium segment occupied a majority of the share in the beer market, followed by the popular priced segment.

 

« | »